2. REPRESENTATIONS AND WARRANTIES

 Lessee hereby repeats the representations and warranties in Clause 2.1 of the Lease as if made with
 reference to the facts and circumstances existing as at the date hereof and as if the references in
 such representations and warranties to "this Agreement" referred to the Lease as amended by this
 Agreement.

3. LEASE EXTENSION

 Lessor and Lessee hereby agree (subject to satisfaction of the conditions specified in Clause 5) to
 extend the period for which the Aircraft is leased to Lessee pursuant to the Lease from the current
 Expiry Date of February 23, 2003 to September 30, 2003. Accordingly, the Lease is hereby amended
 (subject to satisfaction of the conditions specified in Clause 5) by deleting it in its entirety and
 replacing it with the following:

 Expiry Date September 30, 2003 or if earlier the date on which:

(a) Lessor, acting in accordance with the terms of this Agreement terminates the leasing of the Aircraft
 to Lessee under this Agreement; or

(b) Lessor receives the Agreed Value together with any other amounts then due and unpaid by Lessee
 following an Event of Loss.

4. OTHER AMENDMENTS TO LEASE

4.1 Other Amendments: The Lease shall be further amended (subject to satisfaction of the conditions
 specified in Clause 5) as follows:

4.1.1 The following definitions shall be added in the appropriate alphabetical order in Clause 1.1:

 "Pre-Approved Bank Wells Fargo Bank, N.A."

 "Letter of Credit as defined in Clause 5.1 hereof."

 "Required LC Expiry Date" the date which is 91 days after the Expiry Date."

4.1.2 Clause 5.1 is hereby amended and restated its entirety as follows:

 "5.1 Deposit: